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Axel REE Uncovers Ultra-High Grade REE at Poços de Caldas Caldas Project
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Axel REE Uncovers Ultra-High Grade REE at Poços de Caldas Caldas Project
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Second batch of auger drilling returns up to 19,493ppm TREO
High magnetic rare earth oxide (MREO) content consistently above 40%
All 20 holes ended in mineralisation, limited by auger depth
Caladão REE+Gallium discovery advancing towards maiden resource
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